TPICQ
Tpi Composites, IncIncome-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $918.46M | $889.99M | $863.92M | $918.46M | $1.47B | $1.14B | $1.44B | $1.03B | $955.2M | $769.02M | $585.85M | $320.75M | |
| $1.03B | $962.18M | $974.66M | $1.42B | $1.51B | $1.16B | $1.36B | $956.78M | $844.73M | $682.15M | $544.11M | $306.1M | |
| -$110.6M | -$72.19M | -$110.74M | $55.54M | -$37.6M | -$16.23M | $77.85M | $72.84M | $110.47M | $86.87M | $41.75M | $14.65M | |
| -12.04% | -8.11% | -12.82% | 6.05% | -2.55% | -1.42% | 5.42% | 7.07% | 11.57% | 11.3% | 7.13% | 4.57% | |
| $28.43M | $46.17M | $47M | $32.35M | $29.25M | $33.5M | $39.92M | $43.54M | $40.37M | $33.89M | $14.13M | $9.18M | |
| $400K | $900K | $1.8M | $1.3M | $3.1M | $500K | $1.9M | $900K | $900K | $400K | $800K | $800K | |
| $26.47M | $30.48M | $38.87M | $45.48M | $52.59M | $49.67M | $38.58M | $26.43M | $21.7M | $13.19M | $11.42M | $7.44M | |
| $25.59M | $1.32M | $40K | -$30K | $12.54M | $205K | $3.93M | — | — | — | — | — | |
| -$179.37M | -$134.77M | -$173.16M | $13.41M | -$91.83M | -$55.67M | $15.89M | $24.72M | $70.1M | $52.97M | $27.62M | $5.48M | |
| -19.53% | -15.14% | -20.04% | 1.46% | -6.24% | -4.87% | 1.11% | 2.4% | 7.34% | 6.89% | 4.71% | 1.71% | |
| -$152.9M | -$104.29M | -$134.29M | $58.89M | -$39.23M | -$6.01M | $54.47M | $51.15M | $91.8M | $66.16M | $39.04M | $12.92M | |
| $88.99M | $84.72M | $12.11M | $5.03M | $13.64M | $10.38M | $8.02M | $10.42M | $12.38M | $17.61M | $14.57M | $7.24M | |
| — | — | — | — | — | $102K | $157K | $181K | $95K | $344K | $161K | $186K | |
| -$91.66M | -$80.28M | -$5.06M | $1.61M | -$34.24M | -$22.31M | -$8.48M | -$22.47M | -$15.57M | -$22.28M | -$15.96M | -$11.2M | |
| -$320.62M | -$215.04M | -$178.22M | $15.02M | -$126.07M | -$77.98M | $7.41M | $2.25M | $54.53M | $30.7M | $11.66M | -$5.72M | |
| $3.73M | $7.71M | $11.11M | $32.14M | $29.83M | $7.41M | $23.12M | -$3.03M | $15.8M | $3.65M | $3.98M | $925K | |
| -$340.8M | -$240.71M | -$201.78M | -$65.31M | -$159.55M | -$19.03M | -$15.71M | $5.28M | $38.73M | $27.04M | $7.68M | -$6.65M | |
| -37.11% | -27.05% | -23.36% | -7.11% | -10.84% | -1.66% | -1.09% | 0.51% | 4.06% | 3.52% | 1.31% | -2.07% | |
| -$340.8M | -$240.71M | -$177.61M | -$124.21M | -$165.59M | -$19.03M | -$15.71M | $5.28M | $38.73M | $21.57M | -$1.74M | -$20.58M | |
| — | — | — | — | -$186.6M | -$28.41M | -$24.93M | — | — | — | — | — | |
| USD/shares | -$7.02 | -$5.07 | -$4.16 | -$2.96 | -$4.43 | -$0.54 | -$0.45 | $0.15 | $1.14 | — | — | — |
| USD/shares | -$7.02 | -$5.07 | -$4.16 | -$2.96 | -$4.43 | -$0.54 | -$0.45 | $0.15 | $1.11 | — | — | — |
| shares | 48.54M | 47.46M | 42.67M | 41.96M | 37.42M | 35.53M | 35.06M | 34.31M | 33.84M | 17.53M | 4.24M | 4.24M |
| shares | 48.54M | 47.46M | 42.67M | 41.96M | 37.42M | 35.53M | 35.06M | 36M | 34.86M | 17.62M | 4.24M | 4.24M |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2017–FY2025: $14.88M in buybacks.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Mexico Segment | $716,818,000 | $696,762,000 | $589,539,000 | — | — | — | — | — |
| India Segment | $129,173,000 | $166,765,000 | $241,235,000 | — | — | — | — | — |
| United States Segment | $65,775,000 | $19,723,000 | $28,151,000 | — | — | — | — | — |
| Other Segment | $6,691,000 | $6,741,000 | $4,994,000 | — | — | — | — | — |
| Asia Segment | — | — | — | — | — | — | $393,809,000 | $306,255,000 |
| Europe Middle East Africa And India Segment | — | — | — | — | — | — | — | $290,897,000 |
| Europe, Middle East and Africa Segment | — | — | — | $568,992,000 | $482,220,000 | $373,545,000 | $437,081,000 | $290,897,000 |
| India Segment | — | — | — | $217,964,000 | $200,229,000 | $91,729,000 | $687,000 | — |
| Mexico Segment | — | — | — | $646,615,000 | $597,598,000 | $493,492,000 | $435,606,000 | $268,756,000 |
| United States Segment | — | — | — | $45,168,000 | $192,339,000 | $184,288,000 | $169,317,000 | $163,716,000 |
By Geography (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Mexico | $716,818,000 | $696,762,000 | $589,539,000 | $646,615,000 | $597,598,000 | $493,492,000 | $435,606,000 | $268,756,000 |
| India | $129,173,000 | $166,765,000 | $241,235,000 | $217,964,000 | $200,229,000 | $91,729,000 | $687,000 | — |
| United States | $65,775,000 | $19,723,000 | $28,151,000 | $45,168,000 | $192,339,000 | $184,288,000 | $169,317,000 | $163,716,000 |
| Other | $6,691,000 | $6,741,000 | $4,994,000 | — | — | — | — | — |
| China | — | — | — | — | — | — | $393,809,000 | $306,255,000 |
| Spain | — | — | — | $2,837,000 | $1,228,000 | — | — | — |
| Türkiye | — | — | — | $566,155,000 | $480,992,000 | $373,545,000 | $437,081,000 | $290,897,000 |
| EMEA | — | — | — | $568,992,000 | — | — | — | — |
By Product & Service (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Wind Blades | $869,921,000 | $860,222,000 | $828,689,000 | — | — | — | — | — |
| Field Services Inspection and Repair Services | $48,536,000 | $29,769,000 | $35,230,000 | — | — | — | — | — |
| Field Services Inspection and Repair Services | — | — | — | $54,915,000 | $32,725,000 | $14,304,000 | $18,578,000 | — |
| Other | — | — | — | $19,688,000 | — | $8,650,000 | $11,655,000 | $18,250,000 |
| Precision Molding And Assembly Systems | — | — | — | $2,938,000 | — | $14,939,000 | $48,680,000 | $48,853,000 |
| Transportation | — | — | — | $44,002,000 | $37,312,000 | $36,196,000 | $28,870,000 | $29,254,000 |
| Wind Blades | — | — | — | $1,423,824,000 | $1,402,349,000 | $1,068,965,000 | $1,328,717,000 | $933,267,000 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Other Segment | $218,000 | -$913,000 | -$1,176,000 | — | — | — | — | — |
| India Segment | -$114,000 | $5,920,000 | $24,928,000 | — | — | — | — | — |
| United States Segment | -$64,137,000 | -$43,561,000 | -$36,100,000 | — | — | — | — | — |
| Mexico Segment | -$115,339,000 | -$96,214,000 | -$160,807,000 | — | — | — | — | — |
| Asia Segment | — | — | — | — | — | — | $24,132,000 | $28,147,000 |
| Europe, Middle East and Africa Segment | — | — | — | $69,565,000 | $39,609,000 | $23,331,000 | $70,449,000 | $51,774,000 |
| India Segment | — | — | — | $17,481,000 | -$845,000 | -$16,832,000 | -$3,948,000 | — |
| Mexico Segment | — | — | — | -$47,889,000 | -$84,691,000 | -$11,958,000 | $3,533,000 | $12,154,000 |
| United States Segment | — | — | — | -$25,752,000 | -$45,899,000 | -$50,214,000 | -$78,278,000 | -$67,357,000 |
Operating Margin by Segment (%)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Mexico Segment | -16.1% | -13.8% | -27.3% | — | — | — | — | — |
| India Segment | -0.1% | 3.5% | 10.3% | — | — | — | — | — |
| United States Segment | -97.5% | -220.9% | -128.2% | — | — | — | — | — |
| Other Segment | 3.3% | -13.5% | -23.5% | — | — | — | — | — |
| Asia Segment | — | — | — | — | — | — | 6.1% | 9.2% |
| Europe, Middle East and Africa Segment | — | — | — | 12.2% | 8.2% | 6.2% | 16.1% | 17.8% |
| India Segment | — | — | — | 8% | -0.4% | -18.3% | -574.7% | — |
| Mexico Segment | — | — | — | -7.4% | -14.2% | -2.4% | 0.8% | 4.5% |
| United States Segment | — | — | — | -57% | -23.9% | -27.2% | -46.2% | -41.1% |